Iowa Code r. 701-250.6 - Federal excise tax

To be excluded from the fee for new registration, the federal excise tax must meet both of the following requirements:

(1) It must be imposed upon the purchaser and be due at the time of the retail sale.

(2) It must be billed or charged as a separate item.

This rule is intended to implement Iowa Code section 321.105A as amended by 2021 Iowa Acts, Senate File 366.

Notes

Iowa Code r. 701-250.6

ARC 5911C, IAB 9/22/21, effective 10/27/21; ARC 6508C, IAB 9/7/22, effective 10/12/22

Adopted by IAB March 19, 2025/Volume XLVII, Number 19, effective 4/23/2025